Thread regarding Capital One layoffs

Discontinued: Private Banking home loans for high net worth clients

Just announced. Private Banking home loans will no longer be made available to our high net worth clients. This because the idiots at the top didn’t have a backup plan for servicing, when deciding to exit the retail mortgage/Home equity arena. SMH.....

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Why would they want to have high net worth customers? They are selling that division as well. Anything that isnt credit card has a chnace of being sold. However wealth is being sold.

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